There are plenty of reasons to file your federal income tax return early. For example, early filing can help prevent identity theft losses. Here’s another: If you’re owed a refund, it could enable you...

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The IRS reminds families that this filing season may offer significant tax-saving opportunities. The Child Tax Credit is up to $2,200 per qualifying child, with up to $1,700 per child being refundable. (“Refundable” means...

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The IRS has launched a new “Report Fraud” webpage to simplify confidential reporting of suspected tax fraud or scams. It consolidates multiple IRS fraud-reporting options into a single location, allowing taxpayers to report suspected...

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Are you subject to the alternative minimum tax (AMT)? In general, this tax applies if your “tentative minimum tax” exceeds your regular income tax liability. Significant long-term capital gains and dividend income or recently...

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The IRS is providing seniors with information and resources regarding the 2026 tax filing season. For eligible taxpayers age 65 or older, the One Big Beautiful Bill Act created a temporary deduction of up...

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Scrolling for tax tips? Be careful. The IRS warns that bad advice on social media can mislead taxpayers about refunds and tax credits. Some influencers may falsely claim that the IRS is hiding “secret”...

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It may be 2026, but it’s still possible to lower your 2025 tax bill! If you qualify, you can make a contribution to a traditional IRA up until April 15, 2026, and deduct the...

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To help phase out paper checks and issue more refunds via direct deposit, the IRS is encouraging taxpayers to provide banking information on their 2025 tax returns. But what happens to refunds if the...

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Missing a W-2 or 1099 this tax season? If your Form W-2 or Forms 1099 aren’t available by the Feb. 2, 2026, deadline for most of these forms, or if the information is incorrect,...

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If you owe federal tax, you can generally pay the debt using a credit or debit card or through certain third-party apps. However, there are restrictions. The number of payments you can make when...

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